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The Front Office, Middle Office, and Back Office: How Banks Organize Their Dungeons

Brian DeChesare

Yes, if you’re working at a large bank, it’s generally best to be in a “front office” (client-facing) role. First, note that these terms apply only to investment banks and related finance firms (private equity firms, hedge funds, etc.).

Banking 98
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Corporate Treasurers Proceeding With Caution

Global Finance

Access to finance was a huge concern at the start of the pandemic [in 2020] as thoughts turned to the global financial crisis and a potential repeat of bank insolvency,” notes Kristen Roberts, partner and head of the London corporate debt practice at HSF. “So How they access the market has also changed.

Treasury 105
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Convertible Arbitrage Hedge Funds: The Perfect Combination of Investment Banking and Sales & Trading?

Brian DeChesare

Traditionally, if someone asked the “ sales & trading vs. investment banking ” question, the response was easy: “Do banking unless you really, really like trading and could not imagine doing anything else.”. Investment Banking: 13%. Hedge Funds / Asset Management Directly Out of Undergrad: 28%.

Banking 89
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Discount Rate—Explanation, Definition and Examples

Valutico

For central banks like the Federal Reserve, it helps control the economy. They set this rate to affect how much money moves through banks and influences short-term interest rates. We are going to focus on how discount rates are used in the context of investment, rather than in the context of central banks.

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Growth Equity: The Child Prodigy of Private Equity and Venture Capital, or an Artifact of Easy Money?

Brian DeChesare

Growth Equity Definition: In traditional growth equity, firms invest minority stakes in companies with proven business models that need the capital to expand; some firms also use “growth buyout” strategies, which are like traditional leveraged buyouts but with higher growth potential. You could keep going and add plenty of names. based firms.

Equity 105
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A Novel Explanation for Concentration Among Derivatives Intermediaries, and Its Implications

Reynolds Holding

The risk that a party may have to make or receive future payment(s) based on the evolution of the referenced variable is called “market risk.” This is how commercial and bankruptcy laws inadvertently deter diversification in derivatives markets. percent, or $1.9 trillion. [4]

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Wachtell Lipton Discusses Addressing Market Volatility and Risk in M&A Agreements

Reynolds Holding

This additional regulatory delay means that transactions, and in particular deals involving stock consideration, are increasingly vulnerable to market risk over a longer time horizon. With a fixed exchange ratio, the target’s shareholders bear market risk as it relates to the acquirer’s stock. Fixed Exchange Ratios.